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TikTok’s parent company Bytedance records huge profits
Bytedance, the parent company of TikTok has recorded 79% increase in its earnings to around $25 billion dollars last year
Bytedance, a parent company with TikTok, which operates in China, has recorded 79% increase in its profits to around $25 billion dollars last year.
Meanwhile China’s financial sector is reeling from a series of new corruption probes and a surge in surprise audits of venture funds.
And also - why are people in India consuming more ice cream in Winter?
(Picture: A man stands near a sign of ByteDance app Douyin during China Fashion Week, in Beijing, China March 31, 2021. Reuters/Tingshu Wang)
Last on
Mon 10 Apr 2023
14:32GMT
Βι¶ΉΤΌΕΔ World Service
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